India’s Solar Cell Capacity To Cross 50 GW By 2027: Crisil Updated On Thu, Feb 6th, 2025 by Saurenergy India’s solar cell manufacturing capacity is set to touch 50-55 GW by fiscal 2027, up five-fold from 10 GW at the end of fiscal 2024, propelled by the government’s policy thrust to reduce imports of cells and modules, a study by Crisil Ratings said. The expansion will entail a capital expenditure (capex) of Rs 28,000-30,000 […] Read more
After Tax Credit Aid, US Solar Module Production Rises By 600% Updated On Wed, Feb 5th, 2025 by Saurenergy Solar module manufacturing capacity in the United States (US) rose by around 600% after the federal government’s tax credit support to the industry, a report said. The latest update from the Solar Energy Industries Association (SEIA) said that the tax credit support bolstered the growth of the solar industry in the region significantly. These tax […] Read more
Q3 Results: Premier Energies Reports 490% Rise In Profits Updated On Tue, Feb 4th, 2025 by Saurenergy Hyderabad-based solar company Premier Energies has now announced the financial results for the third quarter (Q3) of FY25. The Indian solar module and solar cell manufacturer reported a significant rise in profits for the third quarter (Q3) of the financial year 2025 (FY25). This comes close after the entry of the company into the stock market […] Read more
US New Orders Can Drop EV Adoption To 23%: Wood Mackenzie Updated On Mon, Feb 3rd, 2025 by Saurenergy United States (US) recent executive orders could have profound implications on electric vehicles (EV), slowing down the pace of adoption, according to a recent report from Wood Mackenzie. According to its report, “Trump’s executive orders unsettle electric vehicle and battery markets” policy changes have impacted the EV, battery, and raw material markets in the US […] Read more
Solex Starts Rectangular TOPCOn Cell-Based Module Production Updated On Mon, Feb 3rd, 2025 by Saurenergy Indian solar module manufacturer Solex Energy Limited has now announced the commissioning of its 800 MW solar module manufacturing line. Equipped with the latest technology, the new line is tailored for mass production of N-Type, rectangular cell Tapi-R series modules ranging from 585 Wp to 625 Wp. This high-speed production line operates 30% faster than […] Read more
Budget 2025: Experts Expect Spur In India’s Renewable Growth Updated On Mon, Feb 3rd, 2025 by Saurenergy The 2025 Budget brought forward by Union Finance Minister Nirmala Sitharaman raised new hopes for the Indian solar sector. With an increase in the budgetary allocations for the overall solar sector and higher budgets for key schemes like PM Surya Ghar, PM-KUSUM and solar power transmission infrastructure, the industry is looking at a healthy growth […] Read more
Budget 2025- Green Stocks Fail To Fire Despite Manufacturing Push Updated On Sat, Feb 1st, 2025 by Saurenergy The 2025 budget presented by Finance Minister Nirmala Sitharaman had one announcement at the end that overshadowed almost everything mentioned before. Yes, we are referring to the hike in Income Tax exemption limit for salaried individuals to Rs 12 lacs, a move that is seen as the biggest effort yet to spur domestic consumption by […] Read more
French Wafers To Modules Solar Manufacturer Photowatt To Shut down Updated On Fri, Jan 31st, 2025 by Saurenergy Photowatt, one of the few European solar manufacturers that offered solar wafers,cells and modules has been shut down after parent firm EDF Renewables decided to switch off further support for the struggling maker. EDF had acquired Photowatt in 2012. The closure comes at a time when solar manufacturing in Europe is pretty much unviable in […] Read more
Waaree Q3 Results- PAT Grows 260%, 26.5 GW order Book Updated On Fri, Jan 31st, 2025 by Saurenergy India’s largest solar panel maker, Waaree Energies has announced its Q3 results on Jan 30. The Mumbai headquartered firm reported a sharp 260% jump in profit after tax on a Year on year basis, at Rs 506 crores versus 140 crores last year, indicating a significant improvement in margins as well to 14.30% versus 8.52%. […] Read more
